Insights and Stories on Crops

Ocean freight rates falling

Jan. 14, 2023 at 1:51 pm CST

MarketsFarm — Ocean freight rates are under pressure to start 2023, with the Baltic Dry Index (BDI) dipping to its lowest level since June 2020 as poor demand for vessels weighed on values. A seasonal slowdown of cargo movement ahead of the Chinese New Year was seen as contributing to […]

U.S. grains: Soy, corn rise on smaller U.S. harvest, Argentina drought worries

Jan. 13, 2023 at 7:47 pm CST

By Karl Plume

Research team discovers key to continuous greenhouse lighting

Jan. 13, 2023 at 11:36 am CST

By Stew Slater

World wheat stocks to tighten despite larger crop, IGC says

Jan. 13, 2023 at 4:15 am CST

By MarketsFarm

Oats face an uncertain year

Jan. 13, 2023 at 4:09 am CST

By Adam Peleshaty

California picks up debris from latest storm, braces for next

Jan. 13, 2023 at 3:53 am CST

Sacramento | Reuters — Rain-soaked Californians took advantage of a break in a weeks-long deluge to haul away dead trees, restore downed power lines and prepare new stacks of sandbags before another series of storms hits the state beginning Friday. In Monterey County along the state’s central coast, communities near […]

By Sharon Bernstein

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view

Jan. 12, 2023 at 4:40 pm CST

Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would mean smaller-than-expected supplies. Wheat futures gained on spillover support from rising corn and soy. Traders largely shrugged off USDA’s larger-than-anticipated […]

By Karl Plume

CBOT weekly outlook: Bullish USDA report lifts grain markets

Jan. 12, 2023 at 3:23 pm CST

MarketsFarm — The bulls were off and running Thursday after the U.S. Department of Agriculture (USDA) released its monthly supply/demand estimates, which showed underwhelming grain production and ending stock figures for the 2022-23 marketing year. U.S. corn production was estimated at 13.73 billion bushels, 192 million below the lower end […]

By Adam Peleshaty

Worst drought in decades sees Argentina exchange slash soy, corn forecasts

Jan. 11, 2023 at 7:44 pm CST

Buenos Aires | Reuters — Argentina’s Rosario Grains exchange sharply cut its forecast for the 2022-23 soybean harvest to 37 million tonnes from a previous forecast of 49 million, it said on Wednesday, as the country faces its worst drought in 60 years. The exchange also slashed its 2022-23 corn […]

By Reuters

ICE weekly outlook: Canola likely rangebound until spring

Jan. 11, 2023 at 7:03 pm CST

MarketsFarm — Unless something very dramatic were to happen in the coming weeks, canola futures on the ICE Futures platform will remain rangebound at least until spring, according to David Derwin, analyst with PI Financial in Winnipeg. “Canola has been very rangebound for the last six to seven months,” he […]

By Glen Hallick - MarketsFarm